DNO abandons pursuit of Capricorn Energy, clears way for Genel

Capricorn announced on Friday that it had agreed to be taken over by Genel, after it trumped a previously agreed $396m (£292m) takeover by DNO.The Norwegian oil company said on Monday that it retains a "highly disciplined approach to M&A" and as a result, its offer of $5.214 per share in cash is fi…